6140 W Chandler Blvd
Chandler, AZ 85226
Bldg 3 · Commerce de détail Propriété À vendre

* Multi-Tenant NNN Pad Offering – Shops at Chandler Business Center is a multi-tenant ±11,002 SF retail strip center that hosts a synergistic mix of “daily needs” food, beverage, and service tenancies like Subway, Tea Fresho, Ocean Blue, Chino-Mex, and Lucy Nails

* Significant Value Add Opportunity – In addition to the lease up of the ±3,843 SF vacant suite, embedded rental increases, and rolling rents to market, the NOI is expected to increase by more than $265,400 (±236%) during the projected 10-year hold period

* Outparcel Space at the Chandler Business Center – This site acts as a street front pad at the Chandler Business Center, a mixed-use center in the heart of the manufacturing district of the city. The tenant mix serves the surrounding daytime population of over 107,000 people within 3 miles from major corporations like Intel, Northrupp Grumman, Avnet Logistics, Isola USA, and many others

* Convenient, Accessible Chandler Blvd Location – Located just off W Chandler Blvd (±16,400 CPD), and N Kyrene Rd (±20,800 CPD), the area’s primary throughfares for access to Interstate 10 (±97,400 CPD), and SR 202 (±99,200 CPD)

* Well Below Market Rents – Property-wide, existing rents are on average $1.89 PSF (±20% below current market rates) and can be easily replaced, if not improved, as leases roll